Top 3 Cryptocurrencies to Buy for the Next Bull MarketSolana $SOL wasted little time and has proven to triple in value over the past year.
Exceeding $30 per coin, which initially seemed unlikely in early 2023, has now surpassed $100. Its 2021 peak has raised high hopes for the cryptocurrency, which now boasts a market capitalization of around $45 billion, securing its position as the fifth most valuable token globally.
SOL successfully maneuvered through the crypto events of 2023. A 340% year-over-year return had some investors thinking the same rapid growth was unlikely in 2024. But as the bull market approaches, SOL is an ideal candidate for the list of cryptocurrencies to buy.
Cardano $ADA Since 2017, Cardano has earned the trust of cryptocurrency enthusiasts due to its functionality and reliability. The community has recognized the value of this cryptocurrency, resulting in the market capitalization increasing to $18 billion.
The ease of developing verifiable smart contracts and decentralized applications (dApps) has contributed to improving the project's profitability. The late 2023 price surge rekindled optimism about Cardano's bullish trend.
Certain analysts perceive parallels between the current behavior of the token and its actions during the bullish cycle of 2020. Following historical patterns would imply entering a consolidation phase until April 2024. If this scenario develops, ADA could exceed its 2021 peak.
This rally has the potential to make investors significantly richer, and the cryptocurrency could reach a price of around $8.TimeAs the Web 3.0 market is projected to reach $5.5 billion.
